bargain hunt?Just my opinion, but I'm a tad surprised at the degree of post- '' close of financing '' bargain price that GMTN afforded to potential new shareholders of this new producer.
When somebody first suggested it, it was trading over $2.50. That seemed somewhat steep at this stage of the game.
However, after completing this underwriting at $1.25, these post finance closure days have seen the price drift to what I consider to be a very decent discount to financing price in which to begin to build a starting position in this entity, and I have begun to do exactly that.
The project seems to have a decent shot at building their resource numbers, and the access is quite excellent, so she looks like a reasonable roll of the dice, imo.